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Reference R9000
Turnover £ 4,000
Price
£120,000
Features
Attractive Licensed Restaurant
At present Afro Caribbean cuisine & British Classic Food which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.
GROUND FLOOR ATTRACTIVE & SPACIOUS RESTAURANT with woodstrip floor, ceiling with hanging lighting. Tables & chairs plus 2 settees providing seating for 40 persons (can be increased). BAR with hand pumps, 2 2-door glass fronted counter fridges, glasswasher.
Stairs to LARGE BASEMENT with quality tiled floor. Additional seating area which could accommodate 30/40 persons.
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 3 urinals, wash hand basin
Additional staircase to SMALL BASEMENT KITCHEN the equipment includes stainless steel extractor system 6-burner gas cooker with oven, 3-door stainless steel counter fridge, double deep fryer, double sink & drainer, wash hand basin etc.
Turnover
WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands.
Staff
The business is at present operated by the owner with the assistance of 2 chefs, kitchen porterplus 2 additional staff in the restaurant area.
Trading Hours
Sunday - Thursday inclusive - 6 p.m. - 12 midnight
Friday & Saturday - 6 p.m. - 1 a.m.
Tenure
We understand the premises are held on a secure renewable lease, the lease having approximately 9 years unexpired at a rental of £27,500 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.
Uniform Business Rates: £8,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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